Purchase price: $175,000 Cash invested: $35,000Buyout property that needed significant upgrades to bring to rental market in 2022.

Understanding Rental Demand in North Port, FL•North Port is a growing market, and with Wellen Park being developed, you’re right that it’s bringing in higher-income residents.

We were hoping for another 5-star to start with an official 5-star review but we got the review that kills, a 4-star bringing us down to 4.67 below the direct competition and also with a content that I think could prevent further bookings.

📈 This development is bringing massive growth to the University City area!

📈 This development is bringing massive growth to the University City area!

In both cases after they moved out I had to spend a lot to bring the property back to its previous condition. 

I'd be happy to show you around the calculators, I have seen people use the calculator results to bring to meetups and try to raise funds that way 

I ended up putting in $20k for light cosmetic repairs, which then allowed me to bring rents up to market.

If loan balance is $300k and it's worth $400k and an equity partner puts $40k to bring it current then they have about 40% of equity in the property - now they would not take straight $40k as probably more costs involved.

We are hoping spring brings more interest to fill our rent ready units.